Reserve Bank of Australia President Brock: I will not agree with the market's reaction to the Reserve Bank of Australia's interest rate path. The market reaction to the statement is not surprising.The fund sentiment continues to pick up, and the rebound of A shares is expected to continue! Half-day turnover of Shanghai and Shenzhen 300ETF South (159925) exceeded 90 million yuan. By midday on December 10th, Shanghai and Shenzhen 300ETF South (159925) had increased by 1.83%, with a turnover of 90299400 yuan. Component stocks rose strongly, with China Ping An, China Merchants Bank and Wuliangye rising by over 3%, while Kweichow Moutai, Midea Group and Contemporary Amperex Technology Co., Limited rising by over 2%. In the news, the Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on December 9th to analyze and study the economic work in 2025. The meeting stressed that it is necessary to "implement more active and promising macro policies." Galaxy Securities said that looking forward to the market outlook, from the macro event point of view, the US interest rate cut is expected to heat up in December, and the superimposed domestic PMI data performed well. The follow-up policy stimulus and financial data are expected to support the continuous recovery of capital sentiment, which can be appropriately optimistic. In addition, there have been many discussions on the upcoming meeting recently, and there are still strong expectations for stimulus policies. Next, the policy landing will be an important factor affecting whether the market style can be changed. If the fundamentals are expected to improve, the large and medium-sized stocks are expected to change their trend. We can pay attention to the opportunities of medium-term investment, that is, look for the turning point of the industry boom in 2025, such as new energy, medicine, advanced manufacturing, Hong Kong stock Internet and so on.The contracted sales of Xuhui Holding Group in November was 2.27 billion yuan, a year-on-year decrease of 41%.
The Shanghai and Shenzhen 300 Index opened at 4042.28 points in the afternoon, up 1.91%. The Shanghai Composite Index opened at 3,456.49 points in the afternoon, up 1.59%. Shenzhen Component Index opened at 10,958.68 points in the afternoon, up 2.12%. The GEM index opened at 2,299.14 points in the afternoon, up 2.25%. Small and medium-sized board opened at 11,786.93 points in the afternoon, up 1.99%.China Heihe-Russia Kanikurgan Highway Port Passenger Transport was officially opened. On December 10th, with the first passenger completing the exit formalities, China Heihe Highway Port-Russia Kanikurgan Highway Port Passenger Transport was officially opened. Passengers take buses from Heihe International Highway Passenger Station in China and Amoula Suo International Bus Station in Blagoveshchensk, Russia, respectively, and cross the Sino-Russian cross-border highway bridge, with four buses entering and leaving each country every day. After the official opening of passenger transportation at Heihe Highway Port, the functions of Sino-Russian highway ports have been further improved, providing a more convenient channel for cross-border communication. (Xinhua News Agency)Malaysia exported 1.49 million tons of palm oil in November, down 15%.
Minister of Malaysia: ZTE will invest 200 million ringgit in Malaysia.Morgan Stanley published a research report, predicting that Chow Tai Fook's share price will outperform the market index in the same period in the next 30 days with a 70% to 80% chance, pointing out that Politburo meeting of the Chinese Communist Party revealed a strong stimulus policy tone yesterday, indicating that it is necessary to expand domestic demand, and called for supporting measures for housing and stock market stability, hoping for stable asset prices, which will have a positive impact on gold and jewelry consumption. The bank also pointed out that December of each year to February of the following year is usually the traditional peak season for jewelry sales, and Chow Tai Fook's share price has fallen by about 40% this year, which is inferior to the performance of MSCI China Index and Hang Seng Index in the same period. It is expected that the strength and implementation details of the central government's stimulus measures, the pace of inflation and the stability of gold prices in the future will affect whether the company's valuation can be revalued in the market and maintain its "in sync with the market" rating, with a target price of HK$ 8.3.Saudi Arabia claims that Israel's actions in Syria have destroyed the opportunity to restore security.